US announces 50% tariff on Canadian imports effective in 30 days

The US administration has confirmed the imposition of 50% tariffs on select Canadian goods, effective in 30 days, following threats and accelerated negotiations. Concurrently, the US is preparing a broader expansion of its tariff regime, with multiple sources indicating plans for new duties on dozens of countries as existing temporary measures expire. The specific scope and implementation timeline for these broader tariffs remain partially unconfirmed, but the intent to shift towards more permanent and aggressive protectionist policies is clear.